1906 E Avenue GTempleTX76501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Temple at 1906 E Avenue G, Temple, TX, 76501 uses $51,383 cash to close to unlock $1,649/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $759/mo payment keeps the spread at $137/mo. Purchase price stands at $155,000, and rental yield measures 9.6% with $1,240/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 121.31% and total cumulative return in cash records $62,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,586 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76501, Temple, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,880 (100%) |
| Owner Occupied HU | 4,286 (54.4%) |
| Renter Occupied HU | 2,877 (36.5%) |
| Vacant Housing Units | 717 ( 9.1%) |
| Median Home Value | $232,289 |
| Average Home Value | $269,705 |
Housing Distribution
Address Breakdown
Residential
7,369
Single Family
6,892
Multi-Family
477
Businesses
585
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